RBZ Targets Agric Support

RBZ Targets Agric Support 10 Sep 2015 RBZ governor, John Mangudya Kenneth Matimaire MUTARE — The Reserve Bank of Zimbabwe (RBZ) is set to establish an agricultural support scheme worth US$160 million, which would be extended to a targeted 2 000 productive farmers.RBZ governor, John Mangudya, told the Financial Gazette’s Companies & Markets on the sidelines of …

EDITORIAL COMMENT: Land rent will spur development

EDITORIAL COMMENT: Land rent will spur development September 14, 2015 Features, Opinion & Analysis Government’s decision to make farmers pay rent and development levy for using the land is most welcome and will surely be a catalyst for a boon in production as farmers seriously begin to take farming as a business. More than 300 000 …

The Interview: Drought a threat to economy

The Interview: Drought a threat to economy September 12, 2015 Features, Opinion & Analysis Mr Beddies Zimbabwe is intensifying re-engagement with international financial institutions with a view to finding solutions to a debt overhang, which has for years prevented the country from benefiting from its membership to multilateral lenders. As part of mending relations, the International …

Zim must return to the rule of law: EU ambassador

Zim must return to the rule of law: EU ambassador September 11, 2015 in News ECONOMIC crisis-ridden Zimbabwe needs sound policies and a return to the rule of law if the country is to attract foreign direct investment (FDI), European Union ambassador Philippe Van Damme has said.   ELIAS MAMBO In an interview with the Zimbabwe Independent, …

Farmers call on banks to reduce interest rates

Farmers call on banks to reduce interest rates September 10, 2015 Business Brighton Gumbo Business ReporterFARMERS have called on banks to reduce interest rates following reports that financial institutions have mobilised capital for lending to local farmers during the 2015/2016 summer cropping season. According to a news report on ZBCtv on Tuesday evening, the Bankers Association of Zimbabwe …

Italian firms to invest in Zim energy sector

Italian firms to invest in Zim energy sector Posted on September 7, 2015 by ZimSitRep_W — 1 Comment ↓ via Italian firms to invest in Zim energy sector – NewsDay Zimbabwe September 7, 2015 Two Italian firms met government officials at a recently held expo in Milan on how they could invest in Zimbabwe’s energy sector, Industry and Commerce minister Mike Bimha has …

Presidential inputs scheme to benefit 300,000 small-scale farmers

Presidential inputs scheme to benefit 300,000 small-scale farmers September 7, 2015 Headlines, Top Stories 300,000 small-scale farmers across the country are set to benefit from the $28 million Presidential Well Wishers Input Scheme for the 2015/16 farming season Tendai Mugabe Harare BureauAbout 300,000 small-scale farmers across the country are set to benefit from the $28 million Presidential …

Farmers Say Funding Inadequate

Farmers Say Funding Inadequate 3 Sep 2015 ZFU executive director, Paul Zakariya Kenneth Matimaire MUTARE — Zimbabwe’s agricultural sector is expected to experience another gloomy season owing to lack of adequate funding as it is receiving a mere US$200 million of the US$1,8 billion required in finance, the Zimbabwe Farmers Union (ZFU) has said.ZFU executive …

Unpaid farmers in panic mode

Unpaid farmers in panic mode September 4, 2015 Local News Sukulwenkosi Dube Plumtree CorrespondentMANGWE and Bulilima District farmers have indicated that they are ill prepared for the forthcoming agricultural season as they were not paid for the last deliveries to the Grain Marketing Board (GMB). Bulilima Farmers’ Association chairperson Obert Sibanda said their farming activities were no …

Fuel pricing template imminent

Fuel pricing template imminent September 2, 2015 Business Munesu Nyakudya Business Reporter—Government plans to develop a properly structured fuel pricing template to protect consumers from fuel companies who are failing to reduce prices in line with global oil price movements. Speaking at the petroleum sector pricing study stakeholder workshop yesterday, Ministry of Energy and Power Development Permanent Secretary Mr …